The Drug-Cost Crunch
Americans now spend nearly $170 billion a year on drugs, and the cost has been rising much faster than overall inflation -- by 14% to 18% annually in recent years. That trend will almost certainly accelerate as the huge Baby Boom generation ages, as people live longer, and as drug companies try for expensive miracle cures: Already, some cancer drugs cost $60,000 a year.
Sooner rather than later, the U.S. could face a health-care crisis in which the rising cost of drugs hurts everyone from patients to the corporations and insurers that foot much of the bill (see BW Cover Story, 12/10/01, "Drug Prices: What's Fair?").
What do you see as the causes of this looming problem? What do you think the solutions should be? Those are the questions raised in this BusinessWeek Online survey.
Please remember that this isn't a scientific poll. It simply gathers the opinions of everyone who chooses to respond. Still, it give you a chance to weigh in on this important issue.
Please check back on Friday, Mar. 22, to see the results. Or catch them on our Sunday TV show for investors, BusinessWeek Money Talks.